Sunday, May 16, 2004

All I ever wanted was to be your spine

Within the past few days Vivendi Universal completed a merger with NBC and it was barely a blip in the news...This kind of stuff isnt even on peoples radar. I dont know if many people know that there are only 6 major media moguls left. Bertelsmann, News Corp., Vivendi Universal, Walt Disney, Viacom and AOL - Time Warner. (although I think that Time Warner dropped AOL, Im not sure if thats true but I think I remeber reading that.) Anyway if you could see all the holdings of these individual companies you would be surprised to learn how much information is each of these companies control, and as they continue to merge more and more of everything we see, read and hear is controlled by less and less people (higher up the ladder). Six compaines may seem like a lot but when you look at the breakdown these 6 compaines were once hundreds of individual companies. Someday there may only be one or two of these moguls left yet everytime a merger or buyout happens it is buried in the news. Can you figure out why that might be.

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